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for another four more years? >> bob: they did. >> dana: one part talked about the deficit. listen to that sound and get kimberly's reaction. >> we, the people, still believe that every citizen deserves a basic measure of security and dignity. we must make the hard choices to reduce the cost of healthcare. and the size of our deficit. but we reject the belief that america must choose between caring for the generation that built this country and investing in the general haitian that will build this future. >> dana: kimberly, by suggesting they reject it, must mean somebody is proposing not taking care of the previous generation or the future generation. when some on the obama team say they are surprised that team sounded divisive for a lot of people. pundits but across the board, politico, et cetera. it must mean that somebody disagrees with it. i don't think that is what they were necessarily going for in this speech. >> kimberly: but that is how it came across. he is selling a clear line and it's continuing to be the shades of demonizing the right and the republicans that that is
to reduce the deficit, america cannot afford another debate with this congress about whether or not they should pay the bills they have racked up. what i will not do is to have that negotiation with gun at the head of the people. >> dana: interesting choice of words to describe that. eric, you talked about not wanting the country to lurch from crisis to crisis. most americans would agree and want washington to fix fundamental problems. why do we have to have the debate every three months? >> eric: sure. start with the debt ceiling and how it came about. prior to world war i, everybody was paid. the debt we incurred was paid for through various bonds. world war i to world war ii, fdr got together with the treasury secretary and set let's put a debt ceiling op and they started to borrow money. that amount in 1949 was $45 billion. today, $16.4 trillion. that is 46,400% higher. between 1939 and 1980, we never exceeded $1 trillion in debt. now we push $17 trillion. the problem with the sound bite is president obama was the guy in 2006 that said i will not vote for you. he wouldn't
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